:oops: I got into this business for reasons such as yours 5 yrs ago, and have been going strong ever since.

I'm 21 yrs old, looking to get involved with RE.

Here's an example property I need help understanding.Condo for sale: auction price starting at 3,000 for 3 yrs of unpaid hoa fees.

were there any particular you used 3 yrs ago?

I went ahead and refinanced at 6.6 fixed for 30 yrs.

You make the lease payments based on that $130,000 on a fixed rate mortgage at 10% for 30 yrs.

Dana:There are private and national lenders who will lend up to 90% LTV for all types of cash flow properties.appartments, office complex units, mobile home parks, self storage units, and even mini mart / gas stations.These are 10 yr notes/ amortized over 20 - 25 yrs.

I do not like being a real estate agent, but I do love RE investing.I have had my license 4 yrs, know a lot of agents, & feel I would be very well connected in regards to finding new investment properties.

To do so I will have to sell 10 acres of raw land I currently own which has increased in value in the past 20 yrs.

The financing is way cheaper if its your primary, you will have a payment history that will help your credit score, and if you buy right you can gain some fast equity and either sell after 2 yrs and avoid all capital gains since it was your residence, or take out a home equity line of credit to buy your next deal.